Track topics on Twitter Track topics that are important to you
DALLAS, June 2, 2015 (GLOBE NEWSWIRE) -- Wingstop Inc. ("Wingstop" or the "Company") today announced that it has commenced a proposed initial public offering of 5,800,000 shares of its common stock pursuant to a registration statement filed on Form S-1 with the Securities and Exchange Commission. The proposed public offering is expected to consist of common stock offered by Wingstop and selling stockholders. The estimated price range for the initial public offering is $12.00 to $14.00 per share of common stock. In connection with this proposed public offering, one of the selling stockholders intends to grant the underwriters an option to purchase up to 870,000 additional shares of its common stock. Wingstop has applied to list its common stock on The NASDAQ Global Select Market under the ticker symbol "WING".
Morgan Stanley, Jefferies, and Baird are acting as lead joint book-running managers for the proposed offering. Barclays, Goldman, Sachs & Co., and Wells Fargo Securities are acting as book-running managers for the proposed offering.
The proposed offering will be made only by means of a prospectus, copies of which may be obtained when available from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department; or Jefferies LLC, 520 Madison Avenue, 2nd Floor, New York, New York 10022, Attention: Equity Syndicate Prospectus Department (Tel: +1 877 547 6340, e-mail: Prospectus_Department@Jefferies.com); or Robert W. Baird & Co. Incorporated, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, Attention: Syndicate Department (Tel: + 1 800 792 2473, e-mail: firstname.lastname@example.org).
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. Copies of the registration statement can be accessed by visiting the Security and Exchange Commission website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Founded in 1994 and headquartered in Dallas, Texas, Wingstop has more than 700 restaurants open across the United States, Mexico, Russia, Singapore, the Philippines, Indonesia and United Arab Emirates. The Wingstop menu features classic and boneless wings with 11 flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ, Louisiana Rub and Mango Habanero. Wingstop's wings are cooked to order, sauced and tossed and served with a variety of house-made sides including Wingstop's hand-cut seasoned fries.
CONTACT: Media Contact Kristina Jorge 646-277-1234 Kristina.Jorge@icrinc.com Investor Contact Raphael Gross 203-682-8253 Raphael.Gross@icrinc.comNEXT ARTICLE
Arthritis Fibromyalgia Gout Lupus Rheumatic Rheumatology is the medical specialty concerned with the diagnosis and management of disease involving joints, tendons, muscles, ligaments and associated structures (Oxford Medical Diction...